ICICI Direct Wealth Manager Salaries by 20+ Employees (Updated 2024)

1 - 8 years exp.

₹3.7 Lakhs - ₹7.5 Lakhs

Salary of majority employees

18% less than the average Wealth Manager Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 1 - 7 years exp. (13 salaries)	₹3.7 L/yr - ₹6.9 L/yr
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Sales & Business Development Wealth Manager Salary 1 - 3 years exp. (3 salaries)	₹6.5 L/yr - ₹7.5 L/yr

Last Updated: 9 Nov 2024

Companies similar to ICICI Direct for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Wealth Manager Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 11% less
Kotak Securities Wealth Manager Salary 4 - 5 years exp. (5 salaries)	₹5.2 L/yr - ₹8 L/yr 16% more
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Sharekhan Wealth Manager Salary 0 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹8 L/yr 11% less	1 job opening
Angel One Wealth Manager Salary 1 - 5 years exp. (18 salaries)	₹2.4 L/yr - ₹5 L/yr 40% less	1 job opening
Motilal Oswal Wealth Manager Salary 0 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹12 L/yr 34% more
Edelweiss Wealth Manager Salary 0 - 8 years exp. (149 salaries)	₹2.5 L/yr - ₹9 L/yr At par	1 job opening
Karvy Stock Broking Wealth Manager Salary 4 - 14 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 9% less
PhillipCapital Wealth Manager Salary 1 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 9% less

Wealth Manager salary at ICICI Direct ranges between ₹3.7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 20 latest salaries received from various employees of ICICI Direct.

Experience wise ICICI Direct Wealth Manager salaries

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr
2 years (3 salaries)	₹3.7 L/yr - ₹7.5 L/yr
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3 years (4 salaries)	₹5.7 L/yr - ₹7.5 L/yr
4 years (3 salaries)	₹5 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹11.6 L/yr

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Similar Designation salaries in ICICI Direct

Branch Manager Salary

(26 salaries)

₹5.15 L/yr - ₹8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sales Manager Salary

(65 salaries)

₹1.6 L/yr - ₹4.15 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹16.6 L/yr - ₹21.2 L/yr

Senior Wealth Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Private Banker Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Relationship Manager Salary

(49 salaries)

₹2.1 L/yr - ₹5.55 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Manager M1 Salary

(6 salaries)

₹5.03 L/yr - ₹6.5 L/yr

Salary related reviews for ICICI Direct

4.0

Rated by 1 employees for salary & benefits

Senior Relationship Manager in Chandigarh

Full Time

Other Department

3.0

• posted on 14 Sep 2024

3.0

for Salary and Benefits

Likes

They work on skill development and takes webinar on regular basis Salary credit timely.

Dislikes

They involves juniors in Office politics Mukesh kapri zonal head of Chandigarh he is the worst person professionaly and personally you will even met you can't work under him or with him

Senior Relationship Manager in Kozhikode

BFSI, Investments & Trading Department

3.0

• posted on 13 Nov 2021

1.0

for Salary and Benefits

Likes

...vironment is Okay. You can earn incentive as much as you can without any cap. There are no bonuses or salary hikes. You need to get promoted for having a salary hike.

Dislikes

Everything over here ends with one work, Life Insurance.

Branch Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

Flexibility in timing Great Incentive Abroad Contest Salary on Time

Dislikes

You have to sell everything - Life insurance Mutual funds PMS Home loan General Insurance Have to ensure that you complete your LI Target and Team Target also

Branch Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 May 2019

3.0

for Salary and Benefits

Likes

I have done mistake to join ICICI Direct, it's Branch Head profile as offer letter but this is individual RM profile with extra responsibility.No one last here max to max 1yr (my experience from EAST) so JOB insecure they remind it every time.1 or 2 old because they joined as management trainee so don't know a healthy environment. i have worked here 2 and half year and performance wise also good but the culture in icici direct like LALA Company, middle hierarchy are really painful. the way they harassment god help .

Dislikes

Middle hierarchy harass and abuse openly and local HR helpless ,they work for their bonus and salary, HR System totally failed even they for middle hierarchy not for company

Sales Officer in Thiruvananthapuram

Full Time

Human Resources Department

4.0

• posted on 01 Jul 2022

2.0

for Salary and Benefits

Likes

A person who is really business oriented and is ready to be hardworking in banking field, can find excellent opportunity at ICICI Bank.

Dislikes

The salary package is really low, salary package and clearance amount should be fully given(including deductions).

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ICICI Direct Wealth Manager Salary FAQs

What is the salary of Wealth Manager at ICICI Direct?

Wealth Manager salary at ICICI Direct in India ranges between ₹3.7 Lakhs to ₹7.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 18% less than the average Wealth Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of ICICI Direct India.

How does the salary of a Wealth Manager at ICICI Direct India compare with the average salary range for this job?

The average salary of a Wealth Manager at ICICI Direct is 18% less than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Direct to a Wealth Manager in India?

Motilal Oswal Wealth Manager Salary - ₹3.3 Lakhs to ₹12.0 Lakhs per year
Kotak Securities Wealth Manager Salary - ₹5.2 Lakhs to ₹8.0 Lakhs per year
Edelweiss Wealth Manager Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Wealth Manager in companies similar to ICICI Direct in India?

Karvy Stock Broking Wealth Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
PhillipCapital Wealth Manager Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
Sharekhan Wealth Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
HDFC Securities Wealth Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Angel One Wealth Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Wealth Manager at ICICI Direct in India?

The estimated take-home salary of a Wealth Manager at ICICI Direct ranges between ₹45,734 per month to ₹46,819 per month in India. The take-home salary calculation is based on the average ICICI Direct Wealth Manager salary in India which ranges between ₹3.7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Wealth Manager at ICICI Direct?

According to AmbitionBox, 50% of the ICICI Direct Wealth Managers reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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ICICI Direct Wealth Manager Salaries

ICICI Direct Wealth Manager salary in India ranges between ₹3.7 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 ICICI Direct latest salaries received from various employees of ICICI Direct.